In a stunning development, National Security operatives have uncovered several genuine Bank of Ghana (BoG) cash boxes at a crime scene in Sapeiman, located within the Ga West Municipality of Greater Accra. This discovery has raised alarming questions about the involvement of a sophisticated counterfeit currency syndicate operating in the country.
The legitimate BoG cash boxes were found during the investigation of a major counterfeit operation, which had been under surveillance following the seizure of ten 40-foot containers filled with fake Ghana cedi and US dollar notes earlier this year, in February 2025.
Richard Jakpa, Director of Special Operations at the National Security Secretariat, confirmed the authenticity of the BoG cash boxes, noting that they were genuine government property, not replicas. This revelation has significantly intensified the investigation, with authorities now focused on how these official financial assets were diverted into the hands of the criminal network behind the counterfeiting operation.
The discovery has raised serious concerns about the scale of the syndicate and the extent of its operations, which may have been running undetected for a prolonged period.
A manhunt is now underway for the suspected mastermind of the counterfeit operation, a man known locally as the “Battery Doctor.” This elderly individual is believed to have been operating as a front, masking the true nature of the criminal activities, including the large-scale production of counterfeit currency and fake gold bars.
Investigators are zeroing in on a key suspect known only as “Alhaji,” who is suspected to be the head of the operation. Jakpa confirmed that there is strong evidence linking Alhaji to the crime scene and a wider network of illegal activities.
“We are confident that it is only a matter of time before Alhaji is apprehended,” Jakpa stated, assuring the public that National Security is fully committed to bringing the perpetrators of this sophisticated operation to justice.
As the investigation continues, authorities are focusing on unraveling the full extent of the syndicate’s operations, with a clear objective of dismantling the network and securing the nation’s financial integrity.
